News

Memorandum includes cooperation in green energy

Published

December 11, 2015

Comments

comments icon

0

Share

Published:

December 11, 2015

Comments:

comments icon

0

Share

Macedonia and Albania are small countries and have need of mutual energy connection that is of interest to both sides, ministers Bekim Neziri and Damian Gjiknuri said in Struga. They signed a memorandum of understanding on cooperation in the fields of of energy efficiency, small hydropower plants, wind power, oil and oil products, Macedonian Ministry of Economy said on its website. Gjiknuri, minister of energy and industry of Albania, visited the neighbouring country and met his counterpart in the border town one day after the European Bank for Reconstruction and Development signed an agreement for a loan of up to EUR 37 million for the construction of the first electricity interconnector between the two countries.

By signing the memorandum, according to Neziri, good relations between Macedonia and Albania are confirmed and the benefits are yet to be felt. “Cooperation in the energy market we have with Bulgaria and Serbia, and with the interconnection with Albania, a project that should be completed by 2018, we make the Republic of Macedonia a link in the regional energy market,” Neziri stated.

Gjiknuri said the two countries made remarkable progress in the project for the construction of the interconnection Bitola–Elbasan and added he expects that in 2017 there will be concrete steps. “Funds are provided for the realization of the project in both countries. Interest is huge in both countries as it will provide connection to the energy system of Macedonia, and thus in Bulgaria and Serbia. Apart from our countries, the entire region will benefit. The project provides connectivity to Albania, but not only Albania, I would say of Bulgaria and the region with Italy by sea,” Gjiknuri emphasized.

Related Articles

romania ppc bess battery salbatica wind farm

PPC to install 60 MWh battery system at Sălbatica wind farm

11 February 2026 - PPC operates the Sălbatica 1 and Sălbatica 2 wind farms, with a combined capacity of 140 MW, located in Tulcea County

wind farm bijela alcazar

Montenegro clears environmental impact study for 118.8 MW Bijela wind farm

11 February 2026 - The Environmental Protection Agency has approved the environmental impact assessment for the 118.8 MW Bijela wind farm

Next generation geothermal challenging competitiveness gas power plants

Next generation geothermal challenging competitiveness of gas power plants

11 February 2026 - With its new solutions and falling costs, geothermal power can already replace 42% of EU coal- and gas-fired plant output, Ember found

El Mor advances delivery ready BESS projects Romania

El-Mor advances delivery-ready BESS projects in Romania

11 February 2026 - El-Mor Electric Installations & Services is advancing two large stand-alone BESS projects in Romania